BMO’s Andrew Kaip: The Gold Majors Are Back

TICKERS: ACA, AKG, ABX, BCM, FRES, G; GG, GUY, MAG; MVG, NEM, SLW, TAHO; THO, TXG, TGM Andrew Kaip, managing director of mining equity research at BMO Capital Markets, does not expect near-term higher prices for gold or silver. However, due to continuing cost cutting and other efficiencies, he argues that the senior gold producers … Read more

Friday’s Active Stocks in the Spotlight: Barrick Gold Corporation (NYSE:ABX), McDermott International Inc. (NYSE:MDR), Chevron Corporation (NYSE:CVX),, inc. (NYSE:CRM)

On Friday, in the course of current trade, Shares of Barrick Gold Corporation (NYSE:ABX), dropped -0.17%, and is now trading at $11.98. Barrick Gold Corporation, declared it has reached a contract to sell 100 percent of the Cowal mine in New South Wales, Australia to Evolution Mining for US$550 million in cash on closing. Proceeds … Read more